0001213900-16-014250 Sample Contracts

AMENDMENT NO. 1 TO
Investment Agreement • June 15th, 2016 • Garnero Group Acquisition Co • Men's & boys' furnishgs, work clothg, & allied garments

This Amendment No. 1 (this “Amendment”) to the First Amended and Restated Investment Agreement (the “Investment Agreement”), is entered into as of June 10, 2016 by and among Garnero Group Acquisition Company, a Cayman Islands exempted company (“GGAC”), Q1 Comercial de Roupas S.A., a Brazilian company (the “Company”), Alvaro Jabur Maluf Junior and Paulo Jabur Maluf (the “Controlling Persons”) and the persons listed under the caption “Optionholder” on the signature pages hereto (the “Optionholders”). Capitalized terms used in this Amendment and not otherwise defined herein shall have the meaning ascribed to such terms in the Investment Agreement.

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